Investing stocks
The i-Stream Console was referred to in earlier developmental stages and in an earlier press release as the "i-Box." However, the parties have agreed that since several companies already have proprietary technology that already bear that... [more]
The i-Stream Console was referred to in earlier developmental stages and in an earlier press release as the "i-Box." However, the parties have agreed that since several companies already have proprietary technology that already bear that trademark, the term "i-Stream Console" will be used to refer to the technology from this point forward.
Atlantis Technology Group sees the potential for the technological revolution that may be catalyzed by the introduction of the i-Stream Console to the way Global Internet and Satellite Television is received by the average consumer as akin to the introduction of internet telephone services such as Skype® and Vonage®. The company is also extremely excited about the possible advertising and marketing applications of the i-Stream Console, insofar as it permits companies to create, design, edit and launch new products and media content within a secure, controlled "test" market before official roll-out.
Invest in Banks !!
Right now is a Great Time to invest in Banks. Bank stock prices are much lower than they were earlier this year. Citibank, for example, was at $20.60 in June of 2008 and as of December 5th 2008 it is at $7.71. That is $12.89 lower !! That is almost a 63% reduction in about six months!! Bank of America was $30.50 in June and in early December it was $15.24.
The reasons why you should invest in banks now are numerous.
All the banks have varying amounts of trouble with the sub-prime mortgage crisis, but the major players will not be allowed to get into irreversible trouble. The Treasury Dept. and the Federal Reserve will put together plans and use policy to ensure it.
Many banks have been taking advantage of the depressed financial sector to increase market share and broaden the services they provide by buying other distressed banks. Bank of America bought US Trust, Countrywide Financial Services (the largest US mortgage lender), and Merrill Lynch (Investing & Wealth Services). Citibank bought JP Morgan Chase (JP Morgan had recently bought Wamu, Bear Stearns, and Washington Mutual). Wells Fargo bought Wachovia.
This consolidation will result in increased value (read: “increased stock price and dividends”) for investors as time goes on. The banks will eliminate duplicate services and reduce costs through economies of scale to make this happen.
Future lending and the increased deposit base will become huge profit areas for these banks. The Banks’ investment strategies will move away from riskier investments toward safer havens to help them increase profit and weather the current downturn.
The predicted lower mortgage rates (4.5%) that can be enabled by the Treasury buying Mortgage backed Securities from Fannie Mae and Freddie Mac would jump start the loan businesses for these banks. There would be added benefits of allowing homeowners to refinance, allowing potential homeowners (with great credit) to buy, and stopping the fall of home prices (and maybe even partially reversing it).
The three large banks written about above can be invested in directly: Bank of America and Citibank through Computershare , and Wells Fargo through Wells Fargo Investment Plan .
Invest wisely by investing over time so you can benefit from any short-term low stock prices. Invest now so you do not miss out on this opportunity to create more wealth.
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Celebrities on the Phone
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Why every guy should buy their girlfriend Wii Fit.
Gratuitous...
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Hot Geeks -- The Sexiest Geeky Girls
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